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01 June 2014

Jewel in a fine city

01 June 2014

By THE STAR
THE Jewel@i-City, a new iconic development within the confines of the 70-acre i-City master plan, will grace the Shah Alam skyline comprising futuristic designs combined with elemental augmentations.

“We are slowly changing the concept of Shah Alam as an industrial area,” says I-Bhd chairman Tan Sri Lim Kim Hong.
The Jewel@i-City will set a new benchmark for residential properties in Shah Alam, with its residential units priced at RM1,480 per sq ft.

Lim says the residential units will range from 600 sq ft to 900 sq ft. Although priced at a much higher premium to i-City’s i-SoHo and i-Suite, which are priced between RM600 and RM900 per sq ft, Lim says living at The Jewel@i-City will put residents in a class of their own.

The development, which I-Bhd plans to launch in 2016, will comprise nine blocks with 3.8 million sq ft gross floor area.
Spanning some 10 acres, The Jewel@i-City will feature six residential towers ranging from 25 to 50 storeys tall, a 40-storey office tower, a 50-storey hotel and a 2-storey retail block.

A sky bridge will link the hotel and residential blocks, which will be serviced by the hotel.

The Jewel@i-City will feature a man-made lake and surrounding water landscape that will sit right at the heart of the development.
Lim says the water-themed landscape will put residents, office workers and shoppers in a zen-like state of mind. “The lake itself will be a sight to behold and will enhance the experience of everyone there,” he says.

The Jewel@i-City is another gross development value (GDV) enhancement programme, he adds. “The Jewel@i-City will propel i-City’s GDV to RM9bil from the current RM7bil,” he says.
On top of that, i-Bhd’s Clarke Quay development will add RM2bil to its GDV, bringing the total GDV to RM11bil.

The completion of Central Plaza@i-City, a joint venture with Thailand’s Central Group, will transform the area into a regional shopping centre, according to Lim.

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